Common use of Debt Ratings Clause in Contracts

Debt Ratings. (i) The Xxxxx’x Debt Rating is lower than Baa3 and the S&P Debt Rating is lower than BBB-; or

Appears in 6 contracts

Samples: Credit Agreement (Tennessee Valley Authority), September Maturity Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority)

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Debt Ratings. (i) The Xxxxx’x Mxxxx’x Debt Rating is lower than Baa3 A3 and the S&P Debt Rating is lower than BBB-A-; or

Appears in 4 contracts

Samples: Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority)

Debt Ratings. (i) The Xxxxx’x Xxxxx'x Debt Rating is lower than Baa3 Baa2 and the S&P Debt Rating is lower than BBB-BBB; or

Appears in 3 contracts

Samples: Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority)

Debt Ratings. (i) The Xxxxx’x Debt Rating is lower than Baa3 A3 and the S&P Debt Rating is lower than BBB-A-; or

Appears in 2 contracts

Samples: Spring Maturity Credit Agreement (Tennessee Valley Authority), Fall Maturity Credit Agreement (Tennessee Valley Authority)

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Debt Ratings. (i) The Xxxxx’x Borrower's Debt Rating is Ratings with Xxxxx'x shall be lower than Baa3 and the or Borrower's Debt Ratings with S&P Debt Rating is shall be lower than BBB-; or

Appears in 1 contract

Samples: Utility Services (California Water Service Group)

Debt Ratings. (i) The Xxxxx’x Debt Rating is lower than Baa3 and the S&P Debt Rating is lower than BBB-; BBB­; or

Appears in 1 contract

Samples: Credit Agreement (Tennessee Valley Authority)

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